Economic Development in Berks County & Why is it Important to my Community?

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1 Economic Development in Berks County & Why is it Important to my Community?

2 Berks County Outlook 2016 Increased Role of Municipalities Growth in Manufacturing and Logistics/Distribution Industries Workforce Availability Focus Increase in International Leads Filling the Site and Infrastructure Pipeline is Critical

3 500, ,000 Berks County Population Berks County has had a 7-10% increase in population each decade. 400,000 County Population 350, , Source: BCPC, U.S. Census Bureau

4 420, , , ,000 Berks County Population Since 2000 Beginning in 2007, that growth slows. Since 2010, there has been little population growth. County Population 380, , , Source: BCPC, U.S. Census Bureau

5 2,000 1,500 1, Why is Population Growth Slowing Down? Since 2011, our population has been steadied by "natural increase" or babies being born in the County. This is offsetting negative net migration. More people are moving out of Berks County than moving in. Natural Increase Net Migration -1,000 Source: BCPC, U.S. Census Bureau

6 Employment Recap County employment increased 4.1% between 2009 and ,893 total jobs added (Full & Part time) 88% of jobs are private sector, 11% are public sector, 1% farms Source: BCPC, U.S. Chamber of Commerce, Bureau of Economic Analysis

7 -1,555 Finance +2,529 Healthcare -1,285 Local Government -785 Retail +2,827 Manufacturing +3,021 Office/Clerical Top Industry Sectors by Number of Jobs Lost/Gain Source: BCPC, U.S. Chamber of Commerce, Bureau of Economic Analysis

8 $1,400,000,000 $1,200,000,000 $1,000,000,000 $800,000,000 $600,000,000 $400,000,000 $200,000,000 $0 Amity Township Birdsboro Borough Brecknock Township Caernarvon Township Douglass Township Exeter Township New Morgan Borough Robeson Township St. Lawrence Borough Union Township Southern Region Communities Tax Bases Source: BCPC, Pennsylvania State Tax Equalization Board Market Value Reports: Tax Base Inf. Adj Tax Base

9 12% Southern Region Communities Tax Base Growth % 10% 8% 6% 4% 2.9% 3.1% 3.6% 3.0% 2% 0% -2% 0.3% 1.3% 0.6% 0.1% -0.2% Amity Township Birdsboro Borough Brecknock Township Caernarvon Township Douglass Township Exeter Township New Morgan Borough Robeson Township St. Lawrence Borough Union Township Source: BCPC, Pennsylvania State Tax Equalization Board Market Value Reports: Percent Increase

10 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Source: BCPC Southern Region Communities What s generating your tax base? Most tax bases in the region relies heavily on residential development. Agricultural Commercial Industrial Residential Douglass Township Amity Township Birdsboro Borough Union Township Exeter Township St. Lawrence Borough Brecknock Township Caernarvon Township New Morgan Borough Robeson Township

11 Source: BCPC Millage Amount by Taxing Body by School District Municipal Tax Mills School District Tax Mills County Millage Douglass Township Amity Township Birdsboro Borough Union Township Exeter Township St. Lawrence Borough Brecknock Township Caernarvon Township New Morgan Borough Robeson Township

12 $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 Source: BCPC Southern Region Communities Total 2016 Tax Bill Based on the Same $100,000 House Total Tax Bill County Median Tax Bill on the House Douglass Township Amity Township Birdsboro Borough Union Township Exeter Township St. Lawrence Borough Brecknock Township Caernarvon Township New Morgan Borough Robeson Township

13 % 30% 25% 20% 15% 10% 5% 0% PSERS Employer Contribution Rates to Projected Actual

14 State Retirement Reimbursement $2,500,000,000 $2,000,000,000 $1,500,000,000 $1,000,000,000 $500,000,000 $0

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17 Tools and Solutions

18 Berks County Sites and Infrastructure Tool

19 Berks County Sites and Infrastructure Strategy Goal: To determine the most suitable areas in Berks County for commercial and industrial uses based on prioritized factors. Source: BCPC, RTP Sites and Infrastructure Committee

20 Berks County Sites and Infrastructure Strategy Factors: 1. Land Free of Environmental / Land Use Constraints 2. Interchanges 3. Major Roads (Interstate, U.S. Route, State Route) 4. Public Sewer Service Areas (existing and proposed) 5. Public Water Service Areas (existing and proposed) Source: BCPC, RTP Sites and Infrastructure Committee

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22 Source: BCPC Sites and Infrastructure Web Map Tool

23 Ride To Prosperity Sites and Infrastructure Committee Web Map Tool Source: BCPC

24 Ride To Prosperity Sites and Infrastructure Committee Web Map Tool Source: BCPC

25 Ride To Prosperity Sites and Infrastructure Committee Web Map Tool Source: BCPC

26 Ride To Prosperity Sites and Infrastructure Committee Web Map Tool Source: BCPC

27 Ride To Prosperity Sites and Infrastructure Committee Web Map Tool Source: BCPC

28 Transportation and Future Land Use Maps

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32 What Do We Do With All The Data?

33 Zoning Need to ID additional commercial & industrial zoned land Update zoning to accommodate current market needs No inventory + no developable sites = no new companies locating in Berks County or in your community & existing companies cannot

34 Permitting The permitting process is difficult to navigate even on a good day. Why is it important? Added cost Uncertainty Time Ability to get financing

35 Incentives Incentives can make a good location great, but not a bad location good

36 LERTA Why is it an important tool? What does it mean to our bottom line? Abating taxes on the new assessment You continue to receive taxes on the current assessed value

37 How We Can Work Together If you are interested in: Attracting new business to your community Helping existing businesses to expand in your community Identifying land for business development in your community Providing job opportunities for your residents in your community Stabilizing the tax base in your community

38 Pamela Shupp, GREP Download the presentation + more information visit: bit.ly/berksmuni